EMCC European Monitoring Centre on Change

Piaggio

Company/Organisation:
Piaggio

Geographic Location

Country: Spain
Region: Comunidad de Madrid
Location of affected unit(s): Arganda del Rey

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles

Employment Effects

Announcement Date: 03-08-2002
Planned Job Reductions min: 103
Planned Job Reductions max: 103
Type of Restructuring: Relocation

Additional Information

Shutdown of the unit in Arganda del Rey (Madrid) and relocation an existing unit at Derby (Barcelona). This is due huge decrease of the spanish demand for motocycles.